4040 Peter Rabbit, 29 Palms, CA 92277
4040 Peter Rabbit, 29 Palms, CA 92277
Property Description
Come see this 2-bedroom home in Wonder Valley situated on 5 scenic acres, fully enclosed with chain-link fencing and equipped with a private well. Perched atop a hill, this property offers breathtaking 360-degree views of the surrounding desert landscape and mountains. Features include a 2-car garage and endless potential. The home does need repairs, making it the perfect blank canvas to create your dream retreat and enjoy true peace and privacy.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
29 Palms · Single Family Residence
Listed 42.8% below the median closed sale of $223,000. Price per sqft ($130) is a 38% discount to closed comps ($208). Closed comps sold at 102% of list — strong seller's market. Expect a longer timeline — comps averaged 129 days on market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1560 Jackrabbit Trail | 29 Palms | 1956 | 2 | 1 | 814 | 159,865 | $387 | $314,900 | 66 | 89 |
| 70424 Cielito | 29 Palms | 1957 | 1 | 1 | 756 | 217,800 | $422 | $319,000 | 44 | 85 |
| 73163 Sun Valley | 29 Palms | 1953 | 2 | 1 | 860 | 16,639 | $320 | $275,000 | 48 | 84 |
| 7481 Araby | 29 Palms | 1955 | 2 | 1 | 840 | 11,250 | $286 | $239,900 | 53 | 84 |
| 6422 Palm View Avenue | 29 Palms | 1979 | 2 | 1 | 859 | 7,200 | $233 | $200,000 | 5 | 82 |
| Total: 5 · Average | 1.8 | 1.0 | 825.8 | 82,550.8 | $329.6 | $269,760 | 43.2 | |||
| Median | 840 | $275,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 290 Bluegrass Road | 29 Palms | 1955 | 10/06/2026 | 2 | 1 | 1,128 | 217,800 | $319,000 | $299,000 | $265 | 0.94 | 139 | 92 |
| 73761 Serrano Drive | 29 Palms | 1956 | 09/28/2026 | 2 | 1 | 1,008 | 8,000 | $220,000 | $230,000 | $228 | 1.04 | 146 | 89 |
| 69485 Sunny Sands Dr | 29 Palms | 1957 | 08/31/2026 | 1 | 1 | 1,108 | 217,800 | $65,000 | $75,500 | $68 | 1.16 | 82 | 86 |
| 74056 Casita Drive | 29 Palms | 1959 | 08/31/2026 | 2 | 1 | 841 | 8,260 | $235,000 | $223,000 | $265 | 0.95 | 188 | 84 |
| 5533 Encelia Drive | 29 Palms | 1980 | 09/28/2026 | 2 | 1 | 832 | 8,515 | $177,500 | $177,500 | $213 | 1.00 | 91 | 81 |
| Total: 5 · Average | 1.8 | 1.0 | 983.4 | 92,075 | $201,000 | $201,000 | $207.8 | — | 129.2 | ||||
| Median | 1,008 | $223,000 | $223,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.